Notice Regarding Revision (Upward Revision) of Operational Status and Dividend Forecast for the Fiscal Period Ending August 2026

Overview of Revision to Operational Status and Dividend Forecast

LaSalle Logiport REIT has upwardly revised its forecast for operational status and dividends for the fiscal period ending August 2026 (March 1, 2026 to August 31, 2026). Operating revenue is revised upward by JPY 985 million (8.2%) from the previous forecast to JPY 13,002 million; operating income is increased by JPY 739 million (11.4%) to JPY 7,250 million; ordinary income and net income attributable to owners of parent are both raised by JPY 767 million (13.8%) to JPY 6,326 million; and distributions per unit increased by JPY 508 (14.7%) to JPY 3,972. Excess distributions amount to JPY 249, showing a slight decrease from the previous forecast.

Main Reasons and Assumptions for the Revision

This forecast revision is due to changes in assumptions following asset transfers and treasury unit acquisitions. The assets planned for transfer are Logiport Sayama Hidaka, Aisai Logistics Center, and Kariya Logistics Center, with expected gains on sales of real estate amounting to JPY 2,046 million. The number of investment units issued at the end of the fiscal period ending August 2026 is assumed to be 1,698,687 units, with an expected Loan-to-Value (LTV) ratio of approximately 45.2%. The dividend policy is to distribute all profits, with excess distributions calculated based on approximately 30% of depreciation expenses, although this may fluctuate depending on economic conditions and asset status.